Why Dogecoin Rival Shiba Inu Is Up 10% Over The Past Week

Shiba Inu (CRYPTO: SHIB) is trading higher by 10% to the $0.000018-level over the trailing week. Strength comes amid a broader market rally driven by Bitcoin, trading near the $67,000-level. 

The surge in Bitcoin has taken 96% of its holders into profit, boosting sentiment across the crypto sector, including Shiba Inu.

Shiba Inu's history of surging alongside its meme coin counterpart Dogecoin (CRYPTO: DOGE), which is up 15% over the past week, adds weight to the argument that a speculative rally could follow in the near future.

What Else: As Bitcoin and Ethereum draw more institutional and retail interest, some of ...

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